Lee Hwy Commercial Retail Building

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30791379
Property Subtypes: Vehicle Related
Status: Pending
Building Size (RSF): 2,750 SF
Gross Building Area: See Agent
Gross Land Area: 19,400 SF
Sale Price: $550,000
Unit Price: $200 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/18/2022

Overview / Comments

Building for sale on Lee Hwy with a strong established business currently leasing the property. This building has a large office space and a large workshop. The current business is Blue Ribbon Cycles paying $2500/month. With over 33,000 cars passing this building on a daily basis, this location is prime.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033158H G 02400P000
Zoning: C-2
Retail Clientele: General
Property Located Between: Hotel and Rental Car Business
Property Visibility: Excellent
Largest Nearby Street: Lee Hwy
Feet of Frontage: 100
Traffic/Vehicle Count: 33,477
Highway Access: Close to Highway 153 and I-75
Airports: CHA within 2 miles
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1978
Roof Type: Flat
Construction/Siding: Block, Brick/Vinyl Siding
Total Parking Spaces: 12
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,241 62,661 155,133
Median Age: 35.77 39.73 38.4
Households: 2,928 28,025 63,987

Contact

Photograph of Listing Agent

Matthew J Mucciolo

RE/MAX Properties Greater Chattanooga REALTORS® Member
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